Suman Acharya Assumes Office as a New CEO of Lumbini Bikas Bank

Mon, Jul 20, 2026 12:39 PM on Latest, Corporate,

Suman Acharya has officially assumed office as the Chief Executive Officer (CEO) of Lumbini Bikas Bank Limited from Shrawan 1, following his appointment by the bank's Board of Directors.

According to the bank, Acharya brings extensive experience in banking, business and risk management, having previously served in senior executive roles at various commercial banks. The bank expressed confidence that his leadership would further strengthen institutional and strategic development, good governance and sustainable banking practices. 

After assuming office, Acharya expressed his commitment to achieving the bank's long-term goals, enhancing customer service, boosting employee morale, and reinforcing stakeholder's trust in the institution while taking it to new heights.

Lumbini Development Bank currently operates 89 branches and one extension counter across all seven provinces of Nepal.